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Reviews and Essays
The End of the American Era
Two lost wars. Eroding infrastructure. A crippled economy. The time when the United States could create and lead a political, economic and security order in virtually every part of the world is over. The cure? A new American strategy.
Chinese Nationalism and Its Discontents
China must choose between kowtowing to domestic nationalism and submitting to a peaceful rise. Lately, nationalist belligerence has ruled the day. Washington is overreacting, encircling China. A latent rivalry ratchets up to dangerous levels.
Night Thoughts on Europe
Europe’s problems go far beyond deflating currency and rising debt. It suffers from a lack of will, a crisis of confidence—and a serious identity problem. The once-great superpower has already fallen. Centuries of predominance slip away.
We Bow to the God Bipartisanship
Bipartisanship: the Holy Grail of American politics. Long the go-to buzzword for presidents, elusive cross-aisle support at home has all too often been purchased at the price of good policy abroad.
The No-Growth Trap
Without economic recovery there is no political consensus; without political consensus there is no economic recovery. If Washington fails to overcome its current stalemate, a long period of monetary stagnation and moral decline will set in.